KelpDAO Sues LayerZero Over $292M Bridge Exploit
KelpDAO parent Evercrest has sued LayerZero and Bryan Pellegrino over a $292 million rsETH exploit, alleging negligence and defamation.
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LayerZero
Tether’s USAT and Other US-Regulated Stablecoins Go Live on 170+ Chains
On Monday, the LayerZero team announced via X that Anchorage, home to America’s first federally chartered crypto bank, has selected LayerZero as its interoperability partner for regulated stablecoin issuance.
Korea's First Won-Backed Stablecoin Goes Cross-Chain via LayerZero
On Tuesday, the LayerZero team announced via X that BDACS has selected LayerZero's OFT standard to take KRW1, the first on-shore Korean won-backed stablecoin, cross-chain.
Stellar Taps Into $180B Tether Liquidity Pool With USDT0
On Wednesday, the Stellar Org announced via X that USDT0, the infrastructure that brings Tether’s USDT to every network, is now live on the Stellar network.
LayerZero Brings Overlayer’s Assets Beyond Ethereum to Other Chains
On Friday, the LayerZero team announced via X that its OFT Standard is bringing the Overlayer vision to multi-chain.
LayerZero Launches ATLAS, a Backend for 24/7 Global Trading
On Tuesday, the LayerZero team announced via X that it has launched ATLAS (Aggregated Trading Liquidity and Settlement), a universal backend built to power the future of global markets.
LayerZero Joins Global Dollar Network to Move USDG Across 170+ Chains
On Wednesday, the LayerZero team announced via X that LayerZero is joining the Global Dollar Network.
Stargate by LayerZero Integrates NEAR Intents
On Tuesday, the NEAR Protocol announced via X that Stargate by LayerZero has integrated NEAR Intents to power select cross-chain routes across its ecosystem.
LayerZero to Wind Down Offchain Support for a Few Blockchains
On Saturday, the LayerZero team announced via X that it is winding down offchain support for several chains with minimal activity.
LayerZero Partners with Keeta
On Thursday, the LayerZero team announced via X that it has entered into a strategic partnership with Keeta to bring tokenized commercial bank money to major blockchains.
Yuzu Money Migrates to Chainlink CCIP
Chainlink announced via X on Tuesday that, after an extensive security review, Yuzu Money has fully migrated to Chainlink CCIP to unlock the distribution of its institutional yield products across DeFi.